Category: Statistics & Probability
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Linear Regression Fundamentals: Simple Linear Model, Part 2
Linear regression is a fundamental statistical technique to understand the relationship between two variables. It works on the principle of fitting a straight line through data points to model the relationship between the independent variable and the dependent variable(s).
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Summary Statistics: the Essential Methods for Describing Data
use descriptive statistics and explore its significance in extracting valuable information from data.
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Exploring the Power of the Law of Large Numbers
What is it the Law of Large Numbers? In probability theory and statistics, the law of large numbers is a […]
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The Power of Statistics and Probability in Data Science: A Gentle Intro to Statistics & Probability
What is statistics? Statistics is defined as the science of data. It is concerned with classifying, analyzing, summarizing and presenting […]
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A Basic Introduction to Statistics
Definition Statistics is the science of data. It is concerned with collecting, classifying, summarizing, analyzing, interpreting and presenting information. In […]
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An Introduction to Basic Probability
Definition and importance of Probability What is probability? Generally, the term probability is a measure of one’s belief in the […]